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Two mini hydel plants in Kangra
ProjectsToday: Dharmshala Hydro Power Ltd is setting up two mini hydel power plants in Kangra district of Himachal Pradesh. In the first project, a 7.7 mw hydropower unit is being set up with investment of around Rs 30 crore. The project will be funded with bank loans (70 per cent) and internal accruals (30 per cent). The PPA has been signed with the state government. Work on the project is under way and is expected to complete in December this year.
In the second instance, the detailed project report for a 5 mw hydel-based unit is under way. The cost of this project is yet to be decided. Environment clearance and financial closure are awaited. Tenders for civil contractors and machinery supplier will be floated by March this year. Work on the project is likely to commence in July 2008 and complete by December 2009.
Projectmonitor (21-Jan-08)